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Jan 22, 2013
01/13
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we are leaving our kids and grand kids with incredible burdens of debt and deficit unless we reform these important programs. i think the choice the president ought to be laying out instead and ought to be telling the american people yes, we can do. this we can even improve these programs in certain important ways but we have to address it. >> the senator from ohio says he wishes the president had given more examples of areas where republicans and democrats could work together, shep. a major test coming next week. >> that's right. you have got the house is going to take up later this week as a matter of fact on wednesday. they are going to vote on increasing the nation's borrowing limit the debt ceiling as it is called. okay wednesday they are going to do that vote. the senate pass a budget with spending cuts in it. that is when the kum ba yah the happy talk here on capitol hill may go back to a little more firstier talk. shep? mike emanuel on the hill tonight. perspective what lies ahead for president and the congress. dana perino the white house press secretary for president george w. b
we are leaving our kids and grand kids with incredible burdens of debt and deficit unless we reform these important programs. i think the choice the president ought to be laying out instead and ought to be telling the american people yes, we can do. this we can even improve these programs in certain important ways but we have to address it. >> the senator from ohio says he wishes the president had given more examples of areas where republicans and democrats could work together, shep. a...
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Jan 22, 2013
01/13
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KQED
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not deficit reduction, though that's a big issue, too. it's not immigration, though that's a big issue. it's not climate change right now, although it's a big issue. and i was struck today by how little he talked about that. it's not supposed to be a programmatic speech. >> rose: al hunt in a piece you wrote for bloomberg you said "whatever the political limitationss historians say obama needs to think big starting with his second inaugural address. he has a chance to explain where america ought to be in ten or 20 years said h.w. brand of texas. he can rise above everyday politics and speak to history. lincoln did in the 1865, f.d.r. in 1937, now it's obama's chance." did he do that? >> yeah, i think he did it pretty well. this wasn't lincoln 1865 but we haven't had one since. the closest was roosevelt 1937. we're not likely to see that, charlie. i thought he did what brand said he should do. i appreciate what mark is saying but i think this is not a programmatic speech. this is not a speech where you talk about here's my four-point jobs
not deficit reduction, though that's a big issue, too. it's not immigration, though that's a big issue. it's not climate change right now, although it's a big issue. and i was struck today by how little he talked about that. it's not supposed to be a programmatic speech. >> rose: al hunt in a piece you wrote for bloomberg you said "whatever the political limitationss historians say obama needs to think big starting with his second inaugural address. he has a chance to explain where...
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Jan 23, 2013
01/13
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CSPAN2
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era which is deficit and debt. until we fix that problem we cannot leave behind for our children we cannot leave behind the kind of america that our parents left behind for months. >> 1064 days since democrats brought a budget to the senate floor. many of her colleagues don't even remember going through the budget committee. our national debt now exceeds $16.4 trillion, $52,000 for every man and woman and child in america, demonstrates the failure of that policy. if you could call it that. i want to congratulate the house for correcting people's attention to bring a budget to the floor, and i think the appropriate sanction is no budget and no pay. that is just me talking, but i believe that that is a good message. everybody in america understands the importance of passing and having a budget and family, and small business, and they understand that is one of the causes or contributes to the federal government spending money it doesn't have, borrowing $40 for that. >> we look forward to having a vigorous debate over
era which is deficit and debt. until we fix that problem we cannot leave behind for our children we cannot leave behind the kind of america that our parents left behind for months. >> 1064 days since democrats brought a budget to the senate floor. many of her colleagues don't even remember going through the budget committee. our national debt now exceeds $16.4 trillion, $52,000 for every man and woman and child in america, demonstrates the failure of that policy. if you could call it...
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Jan 23, 2013
01/13
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but we have a president who doesn't seem to care about deficits and debt. he will mouth piece. >> you're in a good place. >> i have -- >> i have seen this gentleman in the white house act as he has acted now for four years, and he could have done a lot of things concerning the deficit, the debt, he controlled the united states house -- >> we don't have much time. >> he said -- >> put the talking points and the president aside and let's talk about how we get to where we are to where we need to be. i think it will pass, we have a number of months, i would say you and your colleagues have a number of months to achieve something we can achieve. the sustainable debt to ratio, including $1.2 trillion more of debt savings. i would love to see you and your members put this nonsense aside and work. >> it is not anything at all that the democrats showed a willingness to agree to. unless you're talking spending cuts, national defense, what other spending cuts have they risen to the cuts with? >> first of all, they have already cut, and not just they, you guys have alr
but we have a president who doesn't seem to care about deficits and debt. he will mouth piece. >> you're in a good place. >> i have -- >> i have seen this gentleman in the white house act as he has acted now for four years, and he could have done a lot of things concerning the deficit, the debt, he controlled the united states house -- >> we don't have much time. >> he said -- >> put the talking points and the president aside and let's talk about how we get...
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Jan 22, 2013
01/13
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FBC
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. >> we must make the hard choices to reduce the cost of health care and the size of our deficit, but we reject the belief america has to choose between caring for the generation that built this country and investing in the generation that will build its future. >> like every president since fdr, mr. obama started it with a prayer service at st. johns church before departing the white house for one of the longest motorcades known to man for the ride to the capitol. ♪ oh beautiful >> a star-studded affair where else will paul ryan mingle with beyonce who belted out the national anthem. when the ceremony was over, there was a sed di stream of pomp and circumstance waiting. >> secretary of state, -- >> from signing papers to lunch with congressional leaders, and then, of course, the parade. the first family could make their way back to the white house in that grand bullet proof review stand. all of that could wait because before leaving the west front. capitol, the president decided to go off self-incriminate and take in the vista of the national mall. mr. obama also seemed to be takin
. >> we must make the hard choices to reduce the cost of health care and the size of our deficit, but we reject the belief america has to choose between caring for the generation that built this country and investing in the generation that will build its future. >> like every president since fdr, mr. obama started it with a prayer service at st. johns church before departing the white house for one of the longest motorcades known to man for the ride to the capitol. ♪ oh beautiful...
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Jan 20, 2013
01/13
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two issues that you put on the table that the present will be facing, immigration, the debt and deficit. >> that is absolutely true, these will be two big issues. on the gun-control issue, but no one is talking about taking everyone's guns away. they are talking about sensible, common-sense measures to prevent some of the tragic incidents we have seen recently, in newtown, aurora, colorado. i think there will be time to get into the thick of these issues after tomorrow, but tomorrow will be a chance for the president, really, to bring the country together and say we need to reach common ground on some of the major problem we face. >> you were inside the bush white house. the president put on the table two big domestic agenda items, immigration reform, primarily because his own party said no, and social security reform. >>what advice would you give president obama, based on the lessons that you saw firsthand with president bush? >> the advice i would give to him is you cannot go wrong by doing what you promised you would do, by pressing the agenda and you promised the voters you promised
two issues that you put on the table that the present will be facing, immigration, the debt and deficit. >> that is absolutely true, these will be two big issues. on the gun-control issue, but no one is talking about taking everyone's guns away. they are talking about sensible, common-sense measures to prevent some of the tragic incidents we have seen recently, in newtown, aurora, colorado. i think there will be time to get into the thick of these issues after tomorrow, but tomorrow will...
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Jan 15, 2013
01/13
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fiscal cliff, deficit, every single issue. the president's bills never go on the floor of the senate. there are bills that mcconnell agrees to before they reach the floor. because otherwise they can't proceed. one of these reforms that senator merkley talked about is just no more motion to proceed. the majority leader can put a bill on the floor. this is out of control. >> now, let me show you your union's advertising campaign against the filibuster. and let me just show you that first. then i want to ask a question. >> as climate change threatens the world we leave to our children and good u.s. jobs move overseas, time in the senate ticks by. it keeps ticking by with no results. because the system is broken. but we can fix it. and make the senate work for us again. >> people are stunned when they find out it was not majority vote. that one senator can just stop the process. is it your hope and the hope of cwa that when you do ads like this that the public will put pressure on their senators to reform this and just make it fai
fiscal cliff, deficit, every single issue. the president's bills never go on the floor of the senate. there are bills that mcconnell agrees to before they reach the floor. because otherwise they can't proceed. one of these reforms that senator merkley talked about is just no more motion to proceed. the majority leader can put a bill on the floor. this is out of control. >> now, let me show you your union's advertising campaign against the filibuster. and let me just show you that first....
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Jan 21, 2013
01/13
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KTVU
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the debt, deficit, entitlement reform. immigration, foreign policy problems tend to be incredibly important in second terms as presidents realize, while they become lame ducks that advancing domestic agenda legislation is very difficult. we'll see the president likely travel more and deal with much of his international legacy. trying to wrap up his second term as best he can with so much unfinished foreign policy business he inhurted from bush administration. buckle up, jeff. not with standing the poet's kind words and the president's lofty rhetoric, washington tomorrow goes back into the being the political crawl city it has been in past years and likely to escalate more so. happy day, shep. shepard: happy day. at least we have today and men and women from both political parties, from the far right, far left and all of those in the middle, they're about to sit down for some individual tils. happy they are all are, dvittles. secretary lew and the rest for new cabinet sick tears all with fights ahead. we seen former preside
the debt, deficit, entitlement reform. immigration, foreign policy problems tend to be incredibly important in second terms as presidents realize, while they become lame ducks that advancing domestic agenda legislation is very difficult. we'll see the president likely travel more and deal with much of his international legacy. trying to wrap up his second term as best he can with so much unfinished foreign policy business he inhurted from bush administration. buckle up, jeff. not with standing...
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Jan 22, 2013
01/13
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f >> we must make the choices to reduce the cost of health care and the size of our deficit. but we reject the belief america must choose between caring for the generation that built this country and investing in the generation that will build its futur future. >> the commits we make with medicare and social security, these things do not sap our nation, they strengthen us. they do not make us a nation of takers, they free us to take the risks that make this country great. >> wow, look at the crowd. this is a full bar the day after all the natural balls. i'm not sure what's going on here. that was president obama yesterday using his second natural address to preview his aggressive agenda with a focus on immigration reform, gay rights and climate control. organizers estimate as many as 1 million people filled the national mall. as the commander in chief exited the stage, he paused to savor the moment. the tradition of natural balls continued into the night. they attended 10 natural balls last night that went quite late and the first lady holding just two, the lowest since the e
f >> we must make the choices to reduce the cost of health care and the size of our deficit. but we reject the belief america must choose between caring for the generation that built this country and investing in the generation that will build its futur future. >> the commits we make with medicare and social security, these things do not sap our nation, they strengthen us. they do not make us a nation of takers, they free us to take the risks that make this country great. >>...
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Jan 22, 2013
01/13
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CSPAN
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they say they want to reduce the deficit, but they enlarge it. so my point is, you know, what's really going on here? you know, i think president obama has just kind of had enough and said rather than trying to figure out how to do a deal with these folks who keep moving the goal post, i'm just going to say what i'm about. i'm going to declare what my values are and they can come to the table and represent their own point of view and we'll find a way, hopefully, to get to a point where we can agree and go forward even if we hate the deal, even if we don't like it, at least we can maybe move forward so americans can at least be able to plan for their future. you know, mr. speaker, i think that presidential inauguration speeches are important. they do lay out an important path, and i was reviewing, mr. speaker, the inaugural speeches of president abraham lincoln. i am a huge fan of abraham lincoln. i wouldn't call myself an expert or scholar of lincoln. i am an amateur reard of everything about lynn -- reeder of everything about lincoln. -- reader
they say they want to reduce the deficit, but they enlarge it. so my point is, you know, what's really going on here? you know, i think president obama has just kind of had enough and said rather than trying to figure out how to do a deal with these folks who keep moving the goal post, i'm just going to say what i'm about. i'm going to declare what my values are and they can come to the table and represent their own point of view and we'll find a way, hopefully, to get to a point where we can...
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Jan 21, 2013
01/13
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you can't solve the financial deficit until they solve the trust deficit. maybe it's hopeful idealism. but maybe they made a small down payment today. >> i with us also thinking as i was watching the president review the troops, and you heard leon panetta talk about the first lady and jill biden and how much they have done for their troops and their families. but i'm willing thinking coming into this next phase, this is going to be a president that could have some difficult relationships with generals. he has always been concerned about the generals and not being overtaken by them. and he has spoken an awful lot about that as presidents have to make their own decisions, not be led too much by the generals. i think the nomination of chuck hagel is somebody who was a sergeant, whom he believes comes at the pentagon from the view of the bottom of the ladder, not at the top of the ladder. and so i think you're going to have some real issues. >> general stanley mcchrystal wrote about that actually in his new book. he talked about the deficit of trust they had ea
you can't solve the financial deficit until they solve the trust deficit. maybe it's hopeful idealism. but maybe they made a small down payment today. >> i with us also thinking as i was watching the president review the troops, and you heard leon panetta talk about the first lady and jill biden and how much they have done for their troops and their families. but i'm willing thinking coming into this next phase, this is going to be a president that could have some difficult relationships...
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Jan 23, 2013
01/13
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we had exploding deficits, international intervention that we're still paying a price for. and of course, wall street running wild. and now this president gathers the economy and what he has done over the last 35 months of private sector job growth. but was the president's speech proof positive that the mainstream in america is left of center? >> i think we've seen the left center emerge over the last years, ed, but too often the media doesn't pay attention to it. survey after survey shows americans want to see defense cut instead of social programs. they want to see higher taxes on the very rich as opposed to cuts in social programs. that majority, that view has been there. and i think president obama, with the wind at his back of a rising american majority, of a new coalition in this country has seized that energy and is moving with it and understands in the speech he spoke of we, we the citizens invoking the greatest documents of our founding, saying you must participate in order to do that. but here is one thing, ed. you know, this country has been confronted with the p
we had exploding deficits, international intervention that we're still paying a price for. and of course, wall street running wild. and now this president gathers the economy and what he has done over the last 35 months of private sector job growth. but was the president's speech proof positive that the mainstream in america is left of center? >> i think we've seen the left center emerge over the last years, ed, but too often the media doesn't pay attention to it. survey after survey...
WHUT (Howard University Television)
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Jan 22, 2013
01/13
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WHUT
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not deficit reduction, though that's a big issue, too. it's not immigration, though that's a big issue. it's not climate change right now, although it's a big issue. and i was struck today by how little he talked about that. it's not supposed to be a programmatic speech. >> rose: al hunt in a piece you wrote for bloomberg you said "whatever the political limitationss historians say obama needs to think big starting with his second inaugural address. he has a chance to explain where america ought to be in ten or 20 years said h.w. brand of texas. he can rise above everyday politics and speak to history. lincoln did in the 1865, f.d.r. in 1937, now it's obama's chance." did he do that? >> yeah, i think he did it pretty well. this wasn't lincoln 1865 but we haven't had one since. the closest was roosevelt 1937. we're not likely to see that, charlie. i thought he did what brand said he should do. i appreciate what mark is saying but i think this is not a programmatic speech. this is not a speech where you talk about here's my four-point jobs
not deficit reduction, though that's a big issue, too. it's not immigration, though that's a big issue. it's not climate change right now, although it's a big issue. and i was struck today by how little he talked about that. it's not supposed to be a programmatic speech. >> rose: al hunt in a piece you wrote for bloomberg you said "whatever the political limitationss historians say obama needs to think big starting with his second inaugural address. he has a chance to explain where...
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Jan 20, 2013
01/13
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reforming immigration, reducing the deficit gun control, averting climate change, maybe iran's nuclear program. certainly you get a sense it's going to be mainly domestic. certainly if you're looking at the tick box in the first four years, i would say killing bin laden, killing gadhafi, the american help to the arab spring, although it's not without difficulty, pulling troops in iraq and setting a timetable for afghanistan, these have all been a seen that president obama would rather focus on domestic issues rather than foreign issues. >> i think that's true. and i think you see that when he takes the bully pulpit. he doesn't go out and speak well. they' had several blunders on foreign policy issues. the most recent one is a failure for america to retaliate in some meaningful or symbolic way on the death of an american ambassador in benghazi. >> interesting point. the george bush administration would have piled in there, blown things to pieces and exacted terrible retribution. that's the american way for a long time. is that the right way? would that created, however awful the inciden
reforming immigration, reducing the deficit gun control, averting climate change, maybe iran's nuclear program. certainly you get a sense it's going to be mainly domestic. certainly if you're looking at the tick box in the first four years, i would say killing bin laden, killing gadhafi, the american help to the arab spring, although it's not without difficulty, pulling troops in iraq and setting a timetable for afghanistan, these have all been a seen that president obama would rather focus on...
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Jan 17, 2013
01/13
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CSPAN2
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that difference represents a deficit of $1.1 trillion. so you can see we are very close to being at a 60 year high in spending, and very close to being at a 60 year low in revenue. so i would say to those who say we just have a spending problem, i think you got that half right. i think we've also got a revenue problem. that needs to be addressed. let's go to the next slide if we can. the result of these deficits and debt is that we now have a gross debt that is more than 100% of our gross domestic product. you can see right in the middle of that graph, in 2012, the gross debt of the united states has now reached 104%. why does that matter? the best academic research, a book by rogoff of harvard, reinhard, the university of michigan i think she was when she did the study, look at 200 use of economic history. and concluded once you get a gross debt of more than 90% of your gross domestic product, your future economic prospects are dramatically reduced. future economic growth is reduced anywhere from 25 to 33%. so these are not just numbers
that difference represents a deficit of $1.1 trillion. so you can see we are very close to being at a 60 year high in spending, and very close to being at a 60 year low in revenue. so i would say to those who say we just have a spending problem, i think you got that half right. i think we've also got a revenue problem. that needs to be addressed. let's go to the next slide if we can. the result of these deficits and debt is that we now have a gross debt that is more than 100% of our gross...
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Jan 21, 2013
01/13
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KGO
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we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [ cheers ] for we remember the lessons of our past when twilight years were spent in poverty and parents of a child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky or happiness for the few. we rec noise that no matter how responsibly we live our lives, any one of us at any time may face a job loss or a sudden illness or a home swept away in a terrible storm. the commitments we make to each other through medicare and medicaid and social security, these do not staff our initiative, they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. [ cheers and applause ] we, the people, still believe that our obligations as americans are not just to ourselves but to all posterity. we will respond to the th
we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [ cheers ] for we remember the lessons of our past when twilight years were spent in poverty and parents of a child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky or...
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Jan 22, 2013
01/13
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MSNBCW
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. >> we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. >> some republicans are complaining now that the president's speech was too partisan and didn't reach out enough. here is a news flash. this isn't about those republican lawmakers. this is about you, the american people and the policies that the president has put forth. it's about fixing the budget without burdening the poor in this country or the elderly or the disabled. the next four years are going to be very interesting. let's turn to john nichols, washington correspondent of "the nation" magazine. and john, "the nation" magazine was so impressed with the speech today that there was a lot of rewriting going on. >> yep. and i sometimes have to do a lot of that rewriting. >> remarkably progressive today? >> yeah, it was. we were struck by it. we set a high standard for this president. we don't let him off the hook whe
. >> we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. >> some republicans are complaining now that the president's speech was too partisan and didn't reach out enough. here is a news flash. this isn't about those republican lawmakers. this is about you, the american people...
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Jan 20, 2013
01/13
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CNNW
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medicare, social security, deficits, taxes, spending. so, a lot of the things he talked about in the first speech, still with him in the second. >> we're going to talk about a lot more ahead. go live to the white house in just minutes to actually see the president renew his oath of office and, again, his second term. stick with us. >>> also, we'll bring you a candid look at the first family's daily life. first lady has a new agenda. first, this inaugural flashback. >> obama! >> thank you. >> obama! >> thank you. >> there was a magic to the inaugural day for president obama. the first african-american to be president, as if the whole history of our country was coming full circle with the ending of slivery and now the first african-american president. >> the man whose father less than 60 years ago might not have been served at a local restaurant can now stand before you to take a most sacred oath. >> the crowds were reveling in that spirit. 1.8 million than have ever been there before. just the idea that we have come this far as a nation.
medicare, social security, deficits, taxes, spending. so, a lot of the things he talked about in the first speech, still with him in the second. >> we're going to talk about a lot more ahead. go live to the white house in just minutes to actually see the president renew his oath of office and, again, his second term. stick with us. >>> also, we'll bring you a candid look at the first family's daily life. first lady has a new agenda. first, this inaugural flashback. >>...
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Jan 22, 2013
01/13
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MSNBCW
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argument at the same time, chris, i think he does have to sort of deal with some of these long-term deficit debt issues, and just take them off the gosh darn table. >> i agree. >> because they do take up so much oxygen. and i would rather have him handle that than the next republican president who might come along some day. >> well said. gentlemen, let's get to the electoral problem. we all talked about it, we diagnosed it. something like three dozen states tried republican efforts at the capital to try to screw minorities out of voting. let's be honest what they're up to. that was the name of the game as explained by that pennsylvania legislator, the republican leader, was to get mitt romney elected. >> get romney elected. it's very simple. >> can you at the federal level, as the president's proposed today fix electoral law? can you do it at the federal level, or does the constitution preempt the federal government from getting into state election law? >> well, right. the states do have a fair amount of latitude in the way that they organize their elections. but we do have a civil rights d
argument at the same time, chris, i think he does have to sort of deal with some of these long-term deficit debt issues, and just take them off the gosh darn table. >> i agree. >> because they do take up so much oxygen. and i would rather have him handle that than the next republican president who might come along some day. >> well said. gentlemen, let's get to the electoral problem. we all talked about it, we diagnosed it. something like three dozen states tried republican...
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Jan 22, 2013
01/13
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to have a legacy piece, if it is going to get the legislation that gets through, it will have to be deficits. nixon in china. who can reform entitlements but a democratic president? he is starting where he is. he is starting with the bases. he is not a progressive parading as a centrist. he is doubling down as a progressive. that is where he is. if he is going on move to the center, maybe that happens later. he won't pretend to be at the center from the start. >> part of the reason he doesn't have to do what they would have preferred him do, make the case about the economy is because he is a person who fixed the economy. it was the republican party unfortunately, their stewardship that led to the crash. he saved us from the great depression. i don't think he has to give a speech about how much he cares about the economy. he fixed it. he saved it. now he's saying we're going to keep doing that. let's make sure it includes everybody. that's liberty and justice for all. >> i'll get you a banner that says mission accomplished. you can hang that up there. >> i've got an old one. >> margaret hoove
to have a legacy piece, if it is going to get the legislation that gets through, it will have to be deficits. nixon in china. who can reform entitlements but a democratic president? he is starting where he is. he is starting with the bases. he is not a progressive parading as a centrist. he is doubling down as a progressive. that is where he is. if he is going on move to the center, maybe that happens later. he won't pretend to be at the center from the start. >> part of the reason he...
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Jan 21, 2013
01/13
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KPIX
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fixing the budget deficit, the federal budget was the most important to 13%. only 5% thought tax reform was important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is drawing those troops down but we have a long way to go yet in that war that is now more than ten years old. john dickerson our cbs news political director, he's down on the national mall, john, you see that 35% by far the largest majority of people in our poll think the president needs to be working on the economy. >> that's still the single most important issue for the president, much further down or much smaller percentage want them work on the deficit. really the deficit and getting the budget picture in order, ending these endless confrontations over the budget will
fixing the budget deficit, the federal budget was the most important to 13%. only 5% thought tax reform was important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is...
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Jan 15, 2013
01/13
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. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to world war i, everybody was paid. the debt we incurred was paid for through various bonds. world war i to world war ii, fdr got together with the treasury secretary and set let's put a debt ceiling op and they started to borrow money. that amount in 1949 was $45 billion. today, $16.4 trillion. that is 46,400% higher. between 1939 and 1980, we never exceeded $1 trillion in debt. now we push $17 trillion. the problem with the sound bite is president obama was the guy
. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix...
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Jan 19, 2013
01/13
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has run up 4 consecutive trillion-dollar federal budget deficits in his first term. he has an economy that is not being returned to prosperity. 23 million people still unemployed. we have, i think bill. i think if i may. you undersell folks just a little bit in that i think everybody is smart enough to know there is is a problem. i think everybody is pretty much smart enough to know that we have got to come up with a solution. when you have a national media part of this coalition of interest and depen dense on the democratic party, there is no way for them to have validation. there is no way for them to have an aggressive watchdog that would normally, traditionally, historically be attacking the miss adventure of those in power. >> we agree that the media is in the tank. i'm almost stunned that you think, to quote you, everybody understands the issue. i will tell you why, you go right outside the fox news channel building now and you stop people and go what about the federal debt? come on. >> let me put it in some context. there was a time in this country and everybo
has run up 4 consecutive trillion-dollar federal budget deficits in his first term. he has an economy that is not being returned to prosperity. 23 million people still unemployed. we have, i think bill. i think if i may. you undersell folks just a little bit in that i think everybody is smart enough to know there is is a problem. i think everybody is pretty much smart enough to know that we have got to come up with a solution. when you have a national media part of this coalition of interest...
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Jan 22, 2013
01/13
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think that's something the president still needs to work on even though everyone is talking about the deficit right now. i think washington needs to be focused on getting more people back to work. [ male announcer ] kids grow up in no time... marie callender's turkey breast with stuffing is a great reason to slow down. creamy mash potatoes, homestyle gravy and 320 calories. marie callender's. it's time to savor. and 320 calories. ♪ j dreams of landens meet sea, deliciously ♪ ♪ friskies surfin' and turfin' favorites. ♪ ♪ feed the senses. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >> in algeria authorities say they are still searching for five former hostages missing since the country's special forces ended that four-day standoff with al qaeda affiliated militants. an operation that left at
think that's something the president still needs to work on even though everyone is talking about the deficit right now. i think washington needs to be focused on getting more people back to work. [ male announcer ] kids grow up in no time... marie callender's turkey breast with stuffing is a great reason to slow down. creamy mash potatoes, homestyle gravy and 320 calories. marie callender's. it's time to savor. and 320 calories. ♪ j dreams of landens meet sea, deliciously ♪ ♪ friskies...
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Jan 20, 2013
01/13
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another thing going on is deficit politics. i'm not saying just the deficit itself, which with a balanced approach we can take care of like we did in the '90s after bush one. i think deficit politics, there's a fear of it, it's ginned up, becomes a big obstacle to doing things he wants to do and that the country needs like investing in our economic infrastructure, improving public education, jump-starting new industries to keep us competitive, that sort of thing. i think that's going to be a big obstacle to a lot of things in the second term. >> he touched on the deep division that marked certainly the second part of his first term, robert. gridlock in congress. what is the gop's strategy for working with this president in the second term? because surely they don't want to be labeled as obstructionist for the next four years. >> the posture of the gop for the first term is to deny this president the second term. now that he is in his second term, i think what the republicans will do most likely is let's see where we can find co
another thing going on is deficit politics. i'm not saying just the deficit itself, which with a balanced approach we can take care of like we did in the '90s after bush one. i think deficit politics, there's a fear of it, it's ginned up, becomes a big obstacle to doing things he wants to do and that the country needs like investing in our economic infrastructure, improving public education, jump-starting new industries to keep us competitive, that sort of thing. i think that's going to be a...
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Jan 21, 2013
01/13
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we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build this feature. [applause] for we remember the lessons of our past when twilight years were spent in poverty and parents of a job disability had no word turn. we do not believe in this country freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibly we live our lives, anyone of us at any time may face a job loss or a sudden illness or homes swept away in a terrible storm. the commitments we make to each other through medicare and medicaid and social security, these things do not sap our nation, they strengthened us. [applause] they do not make as a nation of takers, they freak us to take the risks that make this country great. -- they free us to take the risks that make this country great. [applause] week, the people, still believe that our obligations as americans are not just to oursel
we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build this feature. [applause] for we remember the lessons of our past when twilight years were spent in poverty and parents of a job disability had no word turn. we do not believe in this country freedom is reserved for the lucky or happiness for the few....
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Jan 22, 2013
01/13
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we must make the hard choices to reduce the cost of health care and reduce the size of our deficits. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [applause] we remember the lessons of our past, years spent in poverty, the parents of a child with a disability had nowhere to turn. we do not believe that freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibly we live our lives, any one of us, at any time, may face a job loss or a sudden illness, or a home swept away in a terrible storm. the commitments that we make to each other through medicare, medicaid, social security, they do not sapped our initiative, they strengthen us. they do not make us a nation of takers, they free us to take risks to make this country great. host: the top republican in the senate responded to the president's address saying that he congratulated the president on his inauguration and that he wished him well in his duty to lead the u.s. at hom
we must make the hard choices to reduce the cost of health care and reduce the size of our deficits. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [applause] we remember the lessons of our past, years spent in poverty, the parents of a child with a disability had nowhere to turn. we do not believe that freedom is reserved for the lucky or happiness for the few. we recognize...